The President of the United States, Donald Trump, has taken new measures in international trade policy. This was reported by Zamin.uz.
He announced the imposition of a 50 percent tariff on copper imported into the country. This decision was received with great attention not only by economists but also by participants in the global market.
The new tariffs are expected to impact the production of electric vehicles, military equipment, electrical infrastructure, and consumer goods. Copper futures in the US rose by more than 10 percent following this news.
Additionally, the Trump administration plans to impose strict tariffs on semiconductors and pharmaceutical products in the near future. In particular, a 200 percent tariff on medicines has negatively affected the stocks of US pharmaceutical companies.
The President also noted that there may be specific timelines for implementing the tariffs. Some tariffs could be delayed until 2026.
Experts believe that while this measure is aimed at protecting domestic producers, it could lead to an escalation of international trade wars. This economic pressure may result in rising prices in the global market, complications in trade relations, and a negative impact on global economic growth.
Therefore, such decisions should be made cautiously from the perspective of maintaining international cooperation and balance
